NEW YORK, July 13, 2016 /PRNewswire/ -- "How to Make Money with Global Macro" reveals insights into the higher-dimensional puzzle that is global macro that author Javier Gonzalez, Ph.D., has accumulated after decades of careful analysis. The book is available at https://www.createspace.com/5769369
"Global macro investing requires the investor knows the limits of macroeconomic knowledge. The investor should also learn about global macro history to make educated guesses," says Dr. Gonzalez. "My career has involved the study of the relationships between different asset classes and economic policies, and how these translate into an effective strategy."
In essence, global macro is an investment perspective based on understanding the limitations of macroeconomics as a science, learning about the crucial role global macro history plays in the speculator toolkit, and understanding the core-periphery paradigm. Investors must carefully consider the history of global macro from 1970 to the present to understand how different asset classes and economic policies relate to each other – and how these relationships change through time.
The book presents the history of global macro from 1970-2016 with incisive analysis. It also presents graphs from where the reader can draw to reach his or her own conclusions about recent developments and their likely effects on the main global macro variables.
Unlike traditional equity management strategies, the author's version of global macro focuses on the dollar index. The dollar index is a key variable whose trends can initiate booms and busts around the world. However, his complete explanation is more nuanced that just monitoring the dollar index.
War is one of the most overlooked yet most palpable drivers of global macro. On the book's official website, Dr. Gonzalez points toward the "war effect" as a classic example of global macro writ large. Armed conflict involving the country with the reserve currency, in this case the U.S., sends ripples throughout the globe and different asset classes. Studying wars of yesteryear such as World War I, World War II, the Korean War, the Vietnam War, the Gulf War, and the Iraq War provides valuable knowledge for understanding how today's and tomorrow's wars might affect the global financial markets.
Dr. Gonzalez's continuing research interests include the effects of war on macro, Chairman Cycles, the role of commodities in booms and busts, the role of the Fed and the IMF in creating and abetting crises, the fallacies many investors fall into when analyzing global macro. With regard to the future, the author is concerned about the effects of climate change on investing.
About the Author
Javier Gonzalez, Ph.D., is the author of "How to Make Money with Global Macro." Dr. Gonzalez's work focuses on global macro, investing and trading issues.
Dr. Gonzalez is among the qualified and experienced economists in the area of global macro strategy. He has experience in equity strategy, fiscal policy, and central banking. Dr. Gonzalez has the kind of cosmopolitan view of macroeconomics necessary to realize effective, sustainable strategies.
Dr. Gonzalez sought alternative perspectives that could better explain financial global macro. Building a conceptual bridge from standard economics to financial global macro was the genesis of "How to Make Money with Global Macro."
Dr. Gonzalez obtained a PhD in economics from Penn and has won 1st place nationally in Math Olympiads and 3rd place in Physics Olympiads. In his free time, he enjoys a good book.
The author's website is http://macroecon.org/.
SOURCE Javier Gonzalez